#美联储利率政策 The "show" of the Fed is about to start this week! What attracts me the most is not the 25 basis points cut, but the signal of balance sheet expansion behind it - this is the key that truly changes the liquidity landscape.

Imagine that the Fed is quietly turning on the tap of liquidity. The tapering has ended, and now the reserve management bond purchase program is about to begin, investing hundreds of billions of dollars each month to buy Treasury bonds. What does this mean? Funds are going to flow back into the market! From the tight banking system and high financing costs at the end of last year to the gradual normalization of liquidity now—this shift is a positive signal for the crypto market, especially for the DeFi ecosystem.

In a tense liquidity environment, innovative projects face financing difficulties, and user sentiment is cautious; however, once liquidity loosens, risk assets will regain attention. History tells us that in October 2019, March 2020... every time the Fed expands its balance sheet, the crypto market has welcomed numerous opportunities. This time is no exception.

So this week, we need to pay attention not only to whether the stock market will rise but also to the reaction of the crypto market. Those who truly understand Web3 should be thinking about which undervalued protocols and ecosystems will experience a resurgence during the window period of Liquidity returning. Will it be DeFi lending, liquidity mining, or the emerging SocialFi track? Opportunities often favor those who lay out early and have a deep understanding of the macro cycle.

Let's wait and see!